Prism Technologies provides research and development funding opportunities and intellectual property protection and commercialization services for inventions developed by individual inventors, universities and large multi-national corporations in the technology, medical technology, energy and industrial industries. There are two programs that assist Innovators:
- The funding of early stage research and development by Prism Technologies including patent prosecution.
- The evaluation of existing patents and patent applications
Prism will evaluate research and development proposals and patent submissions to determine the scope of possible intellectual property protection and commercial potential. Upon that determination Prism will provide initial research and development funding and/or seek appropriate intellectual property protection with the goal of marketing the invention. Prism has at its disposal a variety of methods to commercialize technology and will look at several factors: intellectual property protection, economic impact, business potential and future research plans in deciding how to proceed.